Portillo’s (PTLO) to Release Earnings on Tuesday

Portillo’s (NASDAQ:PTLO) is anticipated to issue its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Portillo’s Stock Down 2.0 %

PTLO stock opened at $15.08 on Tuesday. Portillo’s has a fifty-two week low of $8.38 and a fifty-two week high of $16.17. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 35.90, a price-to-earnings-growth ratio of 15.06 and a beta of 1.82. The business’s 50 day moving average price is $11.48 and its two-hundred day moving average price is $11.86. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.31 and a current ratio of 0.38.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. UBS Group decreased their price objective on Portillo’s from $14.00 to $11.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Stephens reiterated an “equal weight” rating and issued a $13.00 price target on shares of Portillo’s in a research note on Wednesday, November 6th. Stifel Nicolaus raised shares of Portillo’s from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $13.00 to $16.00 in a research note on Monday, January 27th. Finally, Morgan Stanley decreased their target price on shares of Portillo’s from $15.00 to $13.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $14.00.

About Portillo’s

Portillo’s Inc owns and operates fast casual restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, char-grilled burgers, chopped salads, crinkle-cut French fries, homemade chocolate cakes, and chocolate cake shake. It offers its products through its website, application, and certain third-party platforms.